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FOX Business
Feb 3, 2013 1:00am EST
as that payroll tax hike cuts into workers' paychecks. add it all up, is it time to strike calls for more tax hikes? down. i'm brenda buttner, this is "bulls & bears." we've got gary smith, tobin smith, jonas max ferris, and john layfield and susan fox. the white house and democratic leaders still pushing tax hikes. should they be? >> absolutely not, brenda. what i don't understand is how you can propose tax hikes without looking at what the scholars say, the studies say. look, if there was studies out there says raising taxes, great for the economy, i'd get behind it. but you know what, brenda? every single scholarly study for the past 15 years has said one thing: higher taxes, negatively impact growth. it's funny, forget all that, though. if you just look anecdotally, when the left wants to inhibit behavior, whether it's energy consumption or cigarette smoking or any one of the other things they have, what's the very first thing they do? they raise taxes! yet they say in this case, raising taxes is not going to affect economy. >> okay. gary, scholar is something we don't hear o
FOX Business
Feb 3, 2013 6:00pm EST
the income tax is 100 years old or it look at how much it has grown out. welcome, everyone, i and liz macdonald in for neil cavuto. as you're watching the super bowl, we are continuing to watch our tax rates skyrocket. income tax celebrating its 100 are they this saturday. it was 7% of first started. now, locale hiatus. it's about if we should raise the rates even more. dan mitchell on what rates america will be seen next 100 years. you know, here is the thing. basically we are seeing the income tax celebrating its 100 anniversary. back then, it was unconstitutional to have an income tax. what do you make of the direction the country is in with where they are right now? >> well, this is just an argument for euthanasia. i think 100 years is plenty long enough to have the income tax. what is really tragic is that we would not have the modern welfare state with all the economic damage it imposes if we had not given politician the ability to live levy a broad-based tax like the income tax. but as you point out, it is just going to get worse in the future because we have these out-of-c
FOX Business
Feb 3, 2013 2:30am EST
; johnathon? >> has a spending problem. every dollar that it spends is taxed or borrowed and it is taxed from we the people. government spending is destructive to the economy. whether it is it discretioninary or not it needs to change now. >> it doesn't matter if it is. feven even if it is it a million bucks here and there. and eric it is worse than that. up said millions and millions, we are in the trillions. it is it an express of 3 trillion . a third of that is it being borrowed. we are spending way out of control and here is a bar chart. i don't know if you can see this right here. the dark part here is it what we are borrowing each year. that is a third of the amount much money . it is it outrageous and they can cut it in every place and they don't do it. >> you can stee the crazy thingings we are spending our money on. chinese swine study. 141,000. let's lookalt the next one. jordanian hooka habitings whampt is that? and reality tv show in india we spend 20 million and amtrak food beverages. 84 million. cram cramcongressman, we have a spending problem. ntake the labor department. y
FOX Business
Feb 2, 2013 11:00pm EST
every look at a -- elected ridiculous tax bill. is the world's second-biggest company paying their share? and a ridiculous debate over a waitress showing a recede saying a tape was not paid by pastor. mandatory tips. stay with us. ♪ (announcer) at scottrade, our clients trade and invest exactly how they want. with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everi'm with scottrade. me. (announcer) scottrade. awarded five-stars from smartmoney magazine. i took my son fishing eve year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing betr. and that means...fish on! symbicort is for copd inc
SFGTV
Feb 2, 2013 5:30pm PST
. >> once again, the city is faced with tough budget decisions, including whether to raise taxes and fees or whether to make cuts. how will your approach these choices? supervisor kim: the budget is tough this year. even though our deficit is not as large as it has been, it is tough because we have made these cuts already, and did this point, we are cutting things we really do not want to cut. and it is painful. we will lose more potential services. we will also not be able to support our residents. we are looking at weekend meals for seniors. it is painful. i think we have to look at it as a combined approach. it has to be cut within city government that we can bear -- services that are less essential. second, you have to look at raising revenue in the city. i think it needs to be a combination. and third, need to be much better informed, and we have to ask our public employees to look at the budget. and they already have, but also to look back. it is a threefold approach to me. >> what are the city's housing needs him much of the board of supervisors to to address them? supervisor kim:
FOX Business
Feb 3, 2013 4:00am EST
every look at a -- elected ridiculous tax bill. is the world's second-biggest company paying their share? and a ridiculous debate over a waitress showing a recede saying a tape was not paid by pastor. mandatory tips. stay with us. ♪ john is 42. mortgage. married. two great kids. he wants to protect his family with a $500,000 term life insurance policy. what do you think it'll cost him? a hundred dollars a month? sixty? forty? actually none of the above. john can get a $500,000 policy -from a highly rated insurer - for under $25 a month. his secret? selectquote. selectquote is impartial. they'll search the pick of insurers like these to give you a choice of your best prices. selectquote has great savings on term life for women, too. john's wife carrie, can get a $500,000 policy for under $16 a month. selectquote has helped make term life insurance affordable for hundreds of thousands of people since 1985. how about you? just call this number or visit selectquote dot com. ♪ gerri: all right. tonight we're breaking down one of the most talked-about job firings of the week. a waitress at
ABC
Feb 3, 2013 9:30am EST
revenues and tax loopopholes. the e fact that paul ryan and republicans have said the'rere willing to see this happepen, they will not agreeee to new revenues. it suggests there e is very little room for agreement. >> is it inevitable we will see cuts in defense spending one of the reasosons the gdp shrank is we're spending l less money figing wars overseas. i am not a big fan of spending money unnecessarily on defen butt this region wildefinitely take a hit if the automaticic spending cututs come in. do you thihink they would be just as significant in the defense industry eve if they reach a deal? the deal wilstill have too entail c cuts in spending. >> that is right. you will see a slowdown. you see evidence of the anticipaon of the s slowdowown in the joeying for the fbi headquarters. >> even if we didid it deal, people will need to brace for big cuts. >> absutely true. thpentagon h agreed to a budget that cuts spending. the sequester cuts it by $500 million. its hard to imagine a bill that does not include jor cuts. the difference is what people want to do it wi a scalpel and not
SFGTV
Feb 3, 2013 10:00am PST
high. the redevelopment by the state was a potential death now for the housing and our taxes stopped the growth of our economy. we in this room and many of us working together took on the story changes for our city some of which have vexed for years >> years. i'm proud that together we through innovation and we foerjd our way ahead. to the city commissioners and to the department heads and to our friends in the business, labor you think non-profit and other communities who spent countless hours with us in negotiations and to the great people of san francisco who rewarded us with your support at ballet in san francisco thank you, very much. together we're putting san francisco back on the right track and building a solid foundation for all our residents. my fellow san francisco's we're living in a time of astonishing innovation and unlimited process we're driving that innovation and for or against the future right here right now not just for san francisco but for the whole world. within the lab of our technologies we're developing techniques will will save lives. to our market
NBC
Feb 3, 2013 3:30pm PST
available to them as well as allowing them the time to sit down at a computer with their tax information and help them complete the online application step by step. >> it can be intimidating to a certain extent. how do you put parents and their kids at ease letting them know it's a long process but it's not that difficult? >> the great thing is it's gotten so much easier from the time when you and i went to college and applied for financial aid. it's online. the application is a step by step. there's a step logic. it's very intuitive. it asks questions and based on your responses it keeps you moving through the application. if you have your tax information with you and your parent is there with you, you can complete the application in 20 to 30 minutes. >> a lot of parents might also worry, i can't afford to pay those grants back. a lot of this money is free money. >> the application, the fafsa is an application that allows students to qualify for all types of financial aids. with that one application students can qualify for state aid. for programs like the cal grant. the board of govern
NBC
Feb 3, 2013 10:00am EST
a man called the great communicator it was historic tax reform. for obama, real steps toward gun safety. and the hegel hearing reminded some of the first debate. and finally, super bowl sunday. i've got some new rules. i'm -- i'm chris matthews. welcome to the show. with us today, howard fineman, the bbc's katrina, annie lowrey and michael duffy. first up, barack obama sees a path to history on guns and immigration at this point two weeks into his second term. this is when he's strongest and he's taking his case to the country over the heads of washington. in reagan's second term when he wanted to chalk up sweeping tax reform, look how he did it. >> the lack of enthusiasm for tax action in correct me if i'm wrong -- congress hasn't dampened this presidential road show. from hot and sunny florida he travels next week into new england, believing this grass-roots effort will make the difference in congress the >> the first weeks of his second term had the feel of a campaign event. chris: michael, this is interesting, the old go over the heads of the people. but these are really two
PBS
Feb 3, 2013 3:30pm PST
% to 58.6%. >> they want their payroll tax cut. >> declined december to january. >> they want the payroll tax cut, no wonder. >> the big picture job numbers that came out try were encouraging but even business experts were looking at the big picture and seeing the economy in job growth has been sluggish and terribly sluggish for a really long time. still hovering around 8% up employment. when is this going to end? no one sees it ending soon. that is bad news overall. >>> what do you think mort? >> i think the she remains weak -- economy remains weak. as pat was saying. $25 billion a week in terms of deficit spending trying to boost up the economy. secondly, $85 billion a month, coming out of the federal reserve, the loosest monetary policy we have ever had. we can barely get the economy to grow. it was 2.4% last year, then 1.8%, if that, maybe even less this year. despite all the stimulus. so the economy is continuing slow, it is not even staying flat. >> so you are saying we are in for several quarters of low growth? >> we hope it is going to be several quarters of low growth. an
SFGTV
Feb 3, 2013 3:30am PST
markets tax credit, something that has benefited some of these kinds of initiatives throughout the country. so whether it was long ago and the low-income housing tax credit of which mercy housing has participated in over and over again and the new market tax credit, one of the current versions of the story. or the section 8 vouchers or the rest of that, public policy has played a role. but we can only be successful in achieving the funding for that public policy if we have examples of national significance to say this must be a priority. and it is a priority because mercy housing and st. anthony's makes people the priority. results. deeds, not just words. the words are important, but they are no substitute for making something happen from it. we all know the gospel of matthew and i was hungry, you gave me to eat and that is what st. anthony's has done. when you were homeless, you gave me shelter and that is mercy housing and they have come together. it's not just about food and housing, but it's about dignity and stability and respect. respect for that spark of divinity that exists
SFGTV
Feb 3, 2013 3:00pm PST
years ago there was a gas tax swap, a complicated maneuver to ensure that transportation funds continued to flow. the result is that the state transit assistance is now based on the details sales tax receipts. that is a fluctuating amount of money and therefore we only rely on the projections over the course of the year. so far it looks pretty good. the other big news is that the state is looking pretty good. troop prop 30 passed, significant dollars in projected revenue. so i think we find ourselves in a cautiously optimistic time. we'll be following that as the year unfolds. we participate in that process through various trade associations and our meeting, in fact, next week with the commit staff working on the bill to have california's law conform for the federal law. cap and trade another very large statewide issue. san francisco as a city family is engaging on that through our advocacy, our lobbyists, as well as the league of cities, california state association of counties and others who have an interest in making sure that local government and transportation programs in
CNN
Feb 3, 2013 11:00am PST
the 16th amendment which gave congress the right to levee a federal personal income tax. and this was the first form for filers when the filing deadline was march 1st instead of april 15th and the top tax rate was, get this, 6% on incomes over half a million dollars. now, the original tax act, the piece of legislation was just 15 pages long. to more than 73,000 pages with all the rulings and regulations. now, we can't get rates back to the 1913 levels, but can we try to get back to something simple, straight forward and honest that, once again, would fit on 15 pages. the correct answer to the gps challenge question was "c," the new york fed said at last check 6,700 tons of gold in their vault. that is more than half million bars of the stuff and by our calculations, that's more than $300 billion worth of gold sitting below street level in lower manhattan. all of it is owned by the u.s. government, federal government or the fed's central banks none by the fed itself. by the way, storage is free, but you have to pay to move your gold in and out. so, we'll send you a bill, germany. t
FOX News
Feb 3, 2013 6:00am EST
because of this payroll tax. >> that is a real concern, right? so americans are continuing to feel the pain of the economic recovery being very slow. the bottom line is the bureau of economic analysis said the shrinking economy is a cause by a reduction in government spending. so the president is drying to say look we have to get stimulus into the economy. we need to get everyone back to work. that is caused by more spending not less spending. >> the democrats have proposed you cannot spend your way into prosperity. nor you can't tax people into prosperity. what you need to do is let the free markets take control. and basically in washington, d.c., we have bigger government. the president appointed 32 czars. what are those czars doing? >> czars is just a shortening of their actual title which is normally long in the federal government. i think that bureau of economic analysis saying that the cause of the shrink damage is due to the reduction in spending that's something we need to look at. >> we have reduced spending. >> talking about they are happy to hear the president talking ab
ABC
Feb 3, 2013 9:00am EST
about, he said there's some low-hanging fruit. there are a lot of tax loopholes that should be closed. i agree with him. we haven't done that. >> like which ones? >> well, oil subsidies. we have issues dealing with shipping jobs overseas. why don't we do some -- fill some of these -- >> i think if my numbers are correct, you do the oil and gas subsidy it might save you something like 25 -- >> no. it's more than that, george. but let's assume because the debt ceiling doesn't kick in till august, i believe that's what we'll have but let's add these together. let's say you're right, 30 billion. but let's -- jobs oversea, we can dial that however we want because it's all -- a huge loss of revenue, corporate jets. all kind of things that are low-hanging fruit. >> you've heard the republican as cross the board here. they're saying they're done with revenues for 2013. >> george, the american people are on our side. the american people don't believe in these austere things. we believe the rich should contribute. we believe we should fill those tax loopholes, get rid of them, i should say, and th
NBC
Feb 3, 2013 11:30am EST
entitlements and on taxes. the problem we've had in this town for the last ten years now is a political log jam. one party saying you can't cut defense and you can't raise taxes and the other saying you can't touch entitlements. until both sides are willing to put everything on the table and make those tough choices, we're going to continue to play games. that's the problem in this town right now. >> first of all, you've held up pretty well. >> that's a very thoughtful guy. i'm with him. >> this is 1989. i'll take the republican president, we had a democratic house, democratic senate. >> there's your issues. >> same political log jam. >> exactly. >> so nothing changes or maybe should we actually feel more optimistic? >> i'll tell you, the difference was ultimately at that time the leadership on both democratic and republican sides came together to develop some very important budget agreements that ultimately balanced the budget and created a surplus. what has to happen is we've got to go back to that same dynamic where the leadership is willing to say to the members you have got to sit down
CSPAN
Feb 2, 2013 10:00pm EST
larger family, you need to spend a lot more money and get a bigger car. this is the biggest tax in the world but it's a small tax and one of the measures with a car seat is pro-child and objectively anti-family. >> host: what about some of the other social forces leaning in this direction? for example working women, women going to college and all those things pushing us toward a world of having a child could be more difficult for some. >> guest: it could probably be run up against biology. anything that pushes your average age of first births backwards ultimately is going to push you to have fewer children. the average age of first birth is about 28 years old, 29 years old. it used to be about 22 and part of this as we is we made college virtually required for middle-class both men and women and as you push back the age of first family formations of people can really think about getting married right out of college to 22 and april used to be married and settled and ready to begin family life. again you start pushing that horizon where you might be having children further back and this
CSPAN
Feb 3, 2013 6:00pm EST
"amnest"" just for immigration. we do it for tax policy, people that do not pay their taxes. >> look down the road six or eight months. what will be the big sticking point of immigration? give me the first paragraph of the story about why the two sides appear stuck? >> pathway to immigration. pathway to citizenship. >> the simple concept or methodology? >> the methodology and determination of when the border is secure. >> what about the methodology? will it be a fight over a trigger? >> that is the basis for it. i think i have spoken to it. committees are going to make a determination that the border is secure and then the pathway to citizenship kicks in. who makes that determination? i think congress ought to make it. >> just to get on the political aspect of immigration, senator mccain said if it is not taking care of relatively soon republicans could pay a price in future elections. i want to get your sense on whether that is an impetus for you to try to support this? >> i think senator mccain is right. i think he's a little naive to think that hispanic people, we pass a bill and then
CNN
Feb 3, 2013 1:00pm EST
you want to see, cap and trade or perhaps a carbon tax or things like that. china and india continue to add a coal-fired power plant essentially every week. so, do you look at that and say this is -- climate change is going to happen, no matter what at this point? >> well, some climate change is already happening and will continue to happen. the physics of the problem are quite challenging. we put, well, 85% of the energy used by earth inc, it comes from fossil fuels. and the combustion of those fuels results in us putting 90 million tons of heat-trapping pollution into the atmosphere every day, as if it's an open sewer. it does obey the laws of physics. it traps enough extra energy every day to equal the amount in 400,000 hiroshima atomic bombs. and that's what's evaporating much more water off the oceans and filling the sky with a lot more water vapor and these great basins of water vapor in the sky are now filled or overflowing. you get the kind of downpours in my home city in nashville where thousands of my neighbors lost their homes and businesses, had no flood insuranc
SFGTV
Feb 2, 2013 11:30pm PST
sales tax rpogram. detailed report on pages 46-47. the total allocations, 83 million, close to 1 billion to date. as i mentioned here, the red numbers of the difference between applications and expenditures which is the lag i talked about. the next few slides will provide highlights of some of the projects and programs being delivered through many of the different fund sources that the programmer we prioritize by working with the mtc< state and general funds; state transportation improvement program is probably the most reliable source ever given the current issues in the state budget. however we only got 16 billion it was a banner year and fulfilled one of our long-standing commitment made in 2001, doyle drive, presidio park. obligation on that is fulfilled. we have a loan to pay back to mtc; a petition has been funds and i'm not good to advantage of that opportunitywith the board issued to provide muni would not hundred thousand for pedestrian improvement. the transportation program, it is a program that the transportation commission and mtc set up to target improvements for low-income
FOX News
Feb 3, 2013 12:00am PST
pathetically unsuccessful network tv to al-jazeera so he could avoid the higher tax rate. al-jazeera is owned by oil-country of qatar that made al gore and his cronies 15-- 500 million that had fewer viewirs than those on the test station of diluth, minnesota at 2:00 a.m.. his take 100 million . fossil fuel funds drilled out of a sand much a network that has a trade mark, balance covering osama bin laden . that is it of course, before bin laden was dispatched to a region where not even a deep drill bit can reach. he flies in fleist jets and drinkings more fuel than drinkings and living in a 20,000 square foot mansion. that uses more energy than some small countryings. >> that is not an issue for you. after you pay the fair share of taxings. and sphair me the self rightous high horse act of why you are a good protector of the environment. your high horse is a stick horse and phonep as a three dollar bill and you an illusion that you are keeping us from cooking in a hot box called planet earth. there are celebrity and environmentalist they don't agree with but i respect them. t
KRON
Feb 3, 2013 8:00am PST
a little bit better for everyone. taxing. the forms, the math. uh, that one. but, with free file from the irs, it can be far less taxing because free file does all the hard work for you, with brand-name tax software or online fillable forms. even better, free file is free and it's exclusively from the irs at freefile.irs.gov. she's done. give it a shot. >> welcome back. gabe slate live our team coverage of the superbowl continues. >> one of these is ofaxe body the sweepstakes. let the roll the video. this is a lifeguard fighting over a shark to fight a beautiful woman as she falls in love this aster not shows up on the beach. they are giving away 23 seats to space. that is right a free seat to space. this is from space expeditions in 2014. to purchase this would be of $95,000. this is quite an opportunity. they even have the website you only have until midnight i highly suggest you do it. an easy way is a direct link on our facebook fan page. this bus will be continued. >> is that round trip? [laughter] >> i hope so. that- continuing coveragewe'll have a live report from j-r ston
FOX News
Feb 3, 2013 8:00am PST
-sector job growth in america right now. he seem, to we can tax, spend and regulate ourselves to prosperity. the private sector is asking for certainty. because the president doesn't want to pass a budget or modernize spending for bietlements. he is the big issue. it is up to him to take a long look in the mirror. i agree that congress has played a role. he needs to stop worrying about destroying republicans and start worrying about growing the economy. >> eric: joe, is that true? is he the biggest obstacle? >> the president is the steward of the overall economy. but both leaders of both parties have to look themselves in the mirror and they do -- look. there are two issues to focus upon, very pragmatic. the first is the star runningback. small businesses. a few years ago, we us to have 36 new small businesses that create 60% of all new jobs for every 10,000 citizens. today, we have 18, exactly half new businesses starting up each year. we should relieve small businesses of tax costs, they create the jobs for the spectators in the stadium. number 2, the debt -- both parties shoul
CSPAN
Feb 3, 2013 7:00am EST
later, the president of women tribe worldwide tax about the state of women's rights. " washington journal host: good morning. we will learn more about immigration with the judiciary committee. the senate could work this week on the chuck hagel nomination. the question remains whether or not republicans will block the nomination with a filibuster. the president traveling to push for slacker gun laws. with the nation focusing on the super bowl, we want to turn to washington's role on regulating the nfl. we will use super bowl sunday to talk about government regulations when it comes to the issue of steroids or head injuries. the phone lines are open. let's begin with a look at some of the headlines courtesy of the museum. from "the san francisco chronicle" -- from "the baltimore sun" -- let's turn to the politics and policy behind the nfl. this is a story a few days ago from "the washington post." outlining a plan and a letter to the executive director of the players union. they agreed as part of a 2011 collective bargaining agreement that the players should be tested for hgh, but t
PBS
Feb 3, 2013 1:00pm PST
ruined city hall. we had unpaid bills of 130 million euros, plus 40 million euros for the tax office and social insurance. employees have not been paid for three months. it was a very complicated situatio >> and no solution is in sight. 11,000 people are unemployed. one of them is jose, who has gone back to how his father used to earn a living. >> there's no alternative. i used to work in construction, but that closed down here. and everywhere else, things are very bad. >> the fight for survival has brought creative ideas. just before the border to gibraltar, a group of unemployed people have opened up a parking lots. you pay as much as you want. manuel rodriguez and 40 other families live from it. >> i have no money for a year. before that, i was unemployed for five years. i need this to survive. >> at the end of his day, he brings home 20 euros. his wife does not want to be filmed. she suffers from depression. his son is still in school. his family is not the only one fearing for survival. >> the entire quarter is in a similar situation. there is no industry here, no work, nothing. it
SFGTV
Feb 3, 2013 9:30am PST
improve the position. for now, the tentative days is the middle of february for the tax collect and her we are planing to go right after within a couple of weeks after the tax collecters. the next project was the refresh fof the computers for the staff. swre been having a three year replacement cycle, where we have deployed computers, every year, we have got about 50 to 100 computers that we deploy. so it is the oldest computer that will would be like four years at the most. so to have been up to date we have purchased the latest of 50 commuters over the counter staff on the fifth floor and they will be getting the new pcs this month and we have plans ongoing every year. we have about 100 in the budget to plan. >> commissioner walker? >> are we testing hand held devices at this point? >> that is the next... >> we did... we started this a year ago and we did purchase a few hand held devices upon the recommendations from our ininstruction staff as well as our emergency management staff. we do want to use those for the ininstruction as well as in an emergency if we need to. we purchased a
SFGTV
Feb 3, 2013 1:30pm PST
being taxable bonds and those would be for private benefit on commercial buildings but then, tax exempt bonds for p uc owned generator and is that would include the wind farm and other large generation in the city and so this approach was confirmed by pea body and l.a. s c o year ago and the use for taxable bonds is legal and there is no basis as far as i have ever heard that it's illegal to issue revenue bonds that are taxable and it comes down to whether they are taxable and in this case we have divide them accordingly and we also think there is a role for tax equity, investment in this program and so we are looking at that as an alternative source of financing and the h bond authority was called the solar neighborhoods charter amendment and the whole idea of that was finance customer opened in san francisco and so nothing new in that and nothing that local power has invented in the hearings that is all in the record. >> feinstein your club wants to say something. >>> welcome. >> thank you commissioners. i would like to say something that this is agenda is very confusing and so
SFGTV
Feb 3, 2013 1:00am PST
saying it's a restaurant. the city is not getting any sales tax. we pay sales tax to the city. you are losing. we're geting into more areas. construction. this is common view on 2nd street. 2nd street is under massive construction. and it will be. and if you keep putting the truck in there, we're going to have a nightmare on 2nd street. so i think i would like you to reconsider what you are looking at. also the health problem. we have got a flu epidemic going. you want the people who are serving you food to be properly -- [ inaudible ] >> thank you. >> next speaker, please. >> can we ask people not to repeat what has been stated by others. thank you. >> i am jeff knoll, i work as an inspector for the san francisco health department. i'm not here representing the city. i am here as a coffee drinker. i am in and out of restaurants regularly, and instead of standing in line at a restaurant, i would rather grab a quick cup of good coffee at expresso subito. >> my name is lynn person and i have lived and worked in san francisco for the last 29 years. i'm a business person in downtown and i
CSPAN
Feb 3, 2013 11:00am EST
among executives at kodak, and a few other companies, they want to go to get salaries tax deferred come high earners were talking about. and somebody goes to congress and then eventually there's this little code put into the tax in the late 1970 called the 401(k). these high-end executives get the right to put some of the money aside on a tax-deferred basis. no one thinks he think about this, except for one man, an attorney. and he sees that one should just be high-end executives? issued to all of us. he gets the reagan administration did agree with his viewpoint. this takes place by the time, early 1980s, then the next part which almost nobody foresaw is the idea that, wait a minute, you don't have to get people in pensions, to request the 401(k)s are really a good substitute for pensions. this is where the corporate cost cutters start creeping in and they said if you're going to match 3% to 6%, it's a lot cheaper than funding of pension. and besides, a lot of people won't sign up anyway so don't worry about the 6%. so and should over a period of many years, the numbers drift down to w
CW
Feb 2, 2013 9:00pm CST
address. while president obama did get some tax increases as part of the recent fiscal cliff deal... he's also call for more. he says we need a "balanced approach" which includes cuts and spending. we need to lower the cost of health care... without just passing the burden off. the wealthiest individuals cannot take advantage of loopholes >> white house spokesman jay carney said this past week the president is very serious about spending cuts... as well as closing tax loopholes. indiana congresswoman susan brooks spoke for republicans today. each of the last two years the republicans have passed a responsible budget. unfortunately it has been nearly four years since the democrats last passed a budget >> she says it republicans will work tirelessly to hold the democratic majority in washington and accountable to pass a responsible budget >> still to come, police in turkey release surveillance video of a suicide bomber who targeted the american embassy. also, why vice president joe biden is spending his weekend in germany. and later, the menu is different again at next. our restaura
PBS
Feb 3, 2013 3:00pm PST
give it to him. >> john mccain is not the issue, it is chuck hagel. his problem is not some tax, it is knowledge, elementary knowledge. he spoke about the government of iran as illegitimate the elected government. we know that the revolution of 2009 was part by the fact that it was a rigged election, an illegitimate economy. the clip i wanted you to show was the one in which he said, he was asked about the policy of containment. it was not a bad during issue. he says, yes, i support the administration's policy of containment. he then gets a note that says, i have been told that i made a mistake. of course i am not in support of that. a policy of this administration on containment is that it does not have a policy of containment. at which point democratic senator levin had to rescue him and said, in fact, the administration has a policy of containment, and it is to oppose it. he was clueless. >> colby? >> he was in the position where he had to dodge a little bit. let's go back to the exchange with senator mccain on the surge. the issue was never the surge when you talk about iraq. th
SFGTV
Feb 3, 2013 12:30pm PST
civilly would be a local scaled acceleration of affordable tax and co generation of energy efficiency and other local renewable demand site resource as far as the conceptual approach and the product definition this is seasonally what was referred to in the industry as energy as a service and that means that you get out of the old kilowatt hour paradigm that goes back to the 1930's where you are selling hours of power into a service approach where you are standard dyeing on site affordable tax and building retrofits as standard components of that service we focus on a no money down approach to energy efficiency and renewables this would not only require any kind of a late premium to the customers but a rate discount for those customers and is so energy efficiency with a discount and no money down and that is product differentiation that p g and e does not offer and utilities do not offer but we are uniquely poised to offer. this would apply to both the business community as well as residential customers. and so, as far as the approach to development we are really recommending an integrated
FOX Business
Feb 3, 2013 1:30am EST
for obama if you made less than $250,000 a year because you weren't going to get your taxes increased. guess what? you got a big fat tax increase. >> ben, go ahead. >> the worst thing that could have possibly happened in this country is to lose the constitution. that's worst than having these people covered by medicaid instead of by oak obamacare. losing the constitution is the crisis. >> we're not there yet. >> gary k, you know what? you have been staunchly opposed to this from the very beginning. i read your work. the unions are now, everyone is included. do you think this is where ben's right, that we're going in this direction, that we're going to lose the constitution? >> i don't know if you lose it whole, but i have to tell you there are pieces that are being thrown out the window right now. you know, i've been using three words, at what cost? all these programs at what cost? adam talked about 30 million people getting health care. terrific. at what cost? guess what? the unions who voted for this and backed it are realizing there is a cost, but all of a sudden no, we don't want
SFGTV
Feb 3, 2013 10:30am PST
transportation system in our city with pay role tax reform. in a nutshell we got all the leaders together in our city and agreed to make a difference. i say let's take that same approach with our transportation challenges too. we already have a lot of plans and reports that all driveway solutions were we need to more than news to better match up with the 21 accounting century where people work and shop. and so we'll have a transportation 200 thirty transportation workforce. we'll be working with our controllers office, we'll invite all our heeds from regional transportation system and our technology community to the table. i'm also thankful that commissioner wen eras agreed to meet with us on this opportunity. we'll maintain the condition of our streets and we'll make municipal transportation systems in this city work the way they want to work. don't get close to our municipal syst system that some folks may say. we cannot let politics be our guide. paris london and england has great transportation systems but look at san francisco. achieving a world class transportation system is a journey
FOX Business
Feb 3, 2013 12:00am EST
linda has a comment on the end of the payroll. this is not an increase in taxes. people and employers have had a 2% break-in social security taxes for the last two years. this at a time when social security fund could not afford it. a financial gift to the already employed at the expense of social security. technically right, but in your bed you hated it. i love hearing from you. send me an e-mail. gerri@foxbusiness.com. and you know what, two years in the making almost. the man behind the disasters solyndra alone is stepping down. energy secretary steven chu offering his resignation today. he was highly criticized for its handling of the $528 million loan to the solar panel maker, which later went bankrupt. despite the blunder he is leaving with obama's support and his pride intact. he said, came with streams and leaving with a set of accomplishments that we should all be proud of. not all of his dreams came true. back in 2008 he famously said we as a nation needed to boost gas prices to levels -- levels seen in europe. although he eventually walked back those comments, i s
LINKTV
Feb 3, 2013 5:30am PST
sales tax on the back. >> just days before the election, john kerry to ridicule -- regional for appearing in a hunting outfit. there is no way to tell yet how well the president's speech noting -- ski shooting code does to persuade gun owners that he is not out to take their firearms. the white house is not be killed when or if he is going to go shooting again -- has not detailed when or if he is going to go shooting again. >> anti-government protesters of being blamed for the attack. >> in the aftermath of friday's angry demonstration here, and outside the presidential palace. it was the action of the security forces that stopped the protests that shocked egyptians. a 23-year-old was killed, and then there was this, a man stripped naked and beaten by security forces before being bundled into a van. >> i cannot bear seeing someone like that. how can someone drag someone else on the ground like that. we are in egypt, the should not be happening. >> this scene was shameful and degrading. not only was this man's of naked, but all of the men and youths of egypt were. >> the interior
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